Accredited Investor Services LLC cut its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV – Free Report) by 2.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 9,864 shares of the company’s stock after selling 262 shares during the period. iShares MSCI USA Min Vol Factor ETF makes up approximately 0.7% of Accredited Investor Services LLC’s investment portfolio, making the stock its 14th largest holding. Accredited Investor Services LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $926,000 as of its most recent SEC filing.
A number of other institutional investors have also made changes to their positions in USMV. Compass Wealth Management LLC grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 82.0% during the first quarter. Compass Wealth Management LLC now owns 273 shares of the company’s stock worth $26,000 after purchasing an additional 123 shares during the period. ROSS JOHNSON & Associates LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the first quarter worth $28,000. Columbia River Financial Group LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the first quarter worth $30,000. Flaharty Asset Management LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the first quarter worth $30,000. Finally, LRI Investments LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the first quarter worth $33,000.
iShares MSCI USA Min Vol Factor ETF Stock Up 6.1%
Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $94.01 on Friday. iShares MSCI USA Min Vol Factor ETF has a 12 month low of $83.99 and a 12 month high of $95.12. The business has a fifty day simple moving average of $94.00 and a 200 day simple moving average of $92.88. The stock has a market cap of $23.99 billion, a PE ratio of 22.90 and a beta of 0.72.
iShares MSCI USA Min Vol Factor ETF Profile
The iShares MSCI USA Min Vol Factor ETF (USMV) is an exchange-traded fund that is based on the MSCI USA Minimum Volatility (USD) index. The fund tracks an index of US-listed firms selected and weighted to create a low-volatility portfolio subject to various constraints. USMV was launched on Oct 18, 2011 and is managed by BlackRock.
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